$204.99 per month is a little pricey, but come June 17th there will be takers.

Share this story

An employee at Verizon revealed the price tiers and release date of its new FiOS structuring to The Verge today, saying that the service—which currently tops out at speeds faster than most other major ISPs at 300Mbps—will be available on June 17th.

Ars reported earlier this week that the fastest level of service that Verizon is planning to offer (300Mbps download, 65Mbps up) will be equivalent to the limits of many dual-band routers. Today we learned that matching your router’s maximum speed will cost only $5 more than what many of those who had Verizon’s former fastest service (which topped out at 150Mbps down) were paying. That service will cost $204.99 per month plus a $100 equipment upgrade unless you either sign a two-year contract, are a new customer to Verizon, or you already have the current 150Mbps Internet service.

The second-fastest tier (75Mbps down, 35 up) will cost $84.99 and will also require a $100 equipment upgrade unless you meet one of those three conditions above.

The lowest level of service may cause some consternation. The speeds remain the same at 15Mbps down and 5Mbps up, but will now cost $10 more than its previous $54.99 price range. “It's akin to the prices for popcorn at the movie theater — if you want any, you'll need to pay quite a bit, and then you can get twice as much for only a bit more,” writes D’Orazio.

Still, Ars’ Jon Brodkin interviewed a spokesperson this week and asked Verizon "if customers will have to pay extra to stay in the same tier they're already in, given that most tiers are getting a speed upgrade (as noted in the chart above). Verizon declined to answer that question, but did say users on existing plans will be able to continue at the same speed and price if they choose not to upgrade.” It looks as though that extra $10 on the lowest tier will aim to get an extra buck from new customers then, and not for existing users that choose not to upgrade to another tier.